Did you know that you can claim tax relief on your membership subscription with the IoD?
The Institute of Directors has been approved by HM Revenue and Customs (HMRC) for members to claim tax relief for their annual membership subscription fees.
Do I qualify?
You can claim tax relief on your annual membership subscription fees if:
- IoD membership is essential to do your job or it’s helpful for your work
- You pay your IoD membership fees yourself (i.e. not paid by your employer)
If you qualify through the above statements then you could be saving up to £250 per annum on your membership fees with the IoD.